We are purchasing a 2 bedroom apartment in Durrington with a mortgage. We like our Durrington lawyer, but the bank says he's not on their "panel". It appears that we have little choice but to appoint one of the lender panel firms or continue with our Durrington conveyancing practitioner and pay for one of their panel ones to represent them. We regard this is inequitable; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Durrington conveyancing solicitor to apply to be on the conveyancing panel.
We hope to to purchase with Loughborough BS. We have called around locally yet cant to find a Durrington conveyancing firm on the Loughborough BS panel. Please you assist?
Please do take advantage of the find a conveyancing panel solicitor tool on this site. Please choose the building society and type Durrington or your preferred area and you will be presented with numerous conveyancers located in Durrington or nearest you.
This question may be naive but I am new to the house moving as a first time buyer of a garden flat in Durrington. Do I pick up the keys to the premises on the completion date from my lawyer? If so, I will find a local conveyancing solicitor in Durrington?
On the day of completion you will not be required to go to the conveyancers office in Durrington. Your solicitors will transfer the completion advance to the seller's solicitors, and once they have received this, you will be invited to collect the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
My wife and I purchasing a detached bungalow in Durrington. We would like to convert the garage to an office at the house.Will legal due diligence on the property involve enquiries to determine if these alterations were previously refused?
Your property lawyer will review the deeds as conveyancing in Durrington can occasionally reveal restrictions in the title documents which prohibit categories of works or require the permission of a 3rd party. Some works require local authority planning consent and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these things with a surveyor before you commit yourself to a purchase.
RBS have agreed my mortgage in principle, my bid on a apartment in Durrington has been accepted, what are the next steps?
Your estate agent will want to know who your solicitors are (ensure that the lawyers are on the bank’s panel). Contact RBS or the broker and finalise any relevant documentation. RBS will sellect a valuer who will get in contact with the selling agent or seller to book a slot for the valuation to take place. Once carried out (assuming no problems) it takes about ten days to receive the mortgage offer. RBS will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Durrington.
I decided to have a survey done on a property in Durrington before appointing solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some lenders tend not grant a loan on a flying freehold house.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Durrington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Durrington to see if the conveyancing will be more expensive.
Taking into account that I am about to spend £400,000 on a terraced house in Durrington I would like to talk to a solicitor concerning thehome move in advance of instructing the firm. Is this something that you can arrange?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be carrying out your conveyancing in Durrington.There is no ‘factory style conveyancing’ - each client is an important person, not a file number. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Durrington should be the figure that you are charged.
We expect to complete the sale of our £375,000 maisonette in Durrington next week. The landlords agents has quoted £420 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Durrington?
Durrington conveyancing on leasehold flats more often than not involves the buyer’s lawyer submitting enquiries for the landlord to address. Although the landlord is under no legal obligation to address such questions most will be content to do so. They are at liberty to invoice a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some situations it is in excess of £800. The administration charge invoiced by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration charges, otherwise the invoice is technically not due. Reality however dictates that you have no option but to pay whatever is requested of you if you want to complete the sale of your home.
I purchased a basement flat in Durrington, conveyancing having been completed in 1996. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Durrington with an extended lease are worth £191,000. The ground rent is £55 per annum. The lease ends on 21st October 2078
With 53 years remaining on your lease we estimate the premium for your lease extension to range between £27,600 and £31,800 as well as legals.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.